Credit Unions Near Me
National Credit Union Service Organization

EDUCATION 1ST CREDIT UNION

Mar, 31, 2021 — EDUCATION 1ST CREDIT UNION is a federally insured state chartered credit union headquartered in OGDEN, UT with 2 branch locations and about $41.73 million in total assets. Opened 89 years ago in 1932, EDUCATION 1ST CREDIT UNION has about 2,650 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:EDUCATION 1ST CREDIT UNION
Address:
(Main Office)
1250 COUNTRY HILLS DR
OGDEN, UT 84403-2560
Phone:(801) 392-4877
Fax:(801) 392-4879
Website:http://e1cu.org
Branches:2 branch locations
Members:2,650
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67127
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1932
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$41,734,528
CEO/Manager:Kent M Greenfield
Chairperson:Bruce Christensen

Call Report

  • Commercial Loans
  • Credit Builder
  • Indirect Consumer Loans
  • Interest Only or Payment Option 1st Mortgage Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • In-School Branches

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,373,651
TOTAL INVESTMENTS 2,547,832
Loans Held for Sale 0
 
 Real Estate Loans 16,058,294
 Unsecured Loans 1,947,202
 Other Loans 11,620,435
 TOTAL LOANS 29,625,931
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -162,835
 Land And Building 251,322
 Other Fixed Assets 217,776
 NCUSIF Deposit 302,474
 All Other Assets 1,578,377
  TOTAL ASSETS 41,734,528
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 91,890
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,549,223
 Regular shares 17,809,327
 All Other Shares & Deposits 10,318,905
  TOTAL SHARES & DEPOSITS 37,677,455
  TOTAL LIABILITIES 37,769,345
 Regular Reserve 1,166,896
 Other Reserves 0
 Undivided Earnings 2,798,287
  TOTAL EQUITY 3,965,183
  TOTAL LIABILITIES, SHARES, & EQUITY 41,734,528
INCOME & EXPENSE  
 Loan Income 347,521
 Investment Income 10,777
 Other Income 65,505
 Total Employee Compensation & Benefits 197,274
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 144,121
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,500
 Cost of Funds 44,506
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 80,804
↑ Back to Top

Other Credit Unions

FLEXPAK FEDERAL CREDIT UNION
1993 W 2425 S
WOODS CROSS, UT 84087
HOLLYFRONTIER EMPLOYEE'S CREDIT UNION
P O BOX 666
BOUNTIFUL, UT 84011
DEVILS SLIDE FEDERAL CREDIT UNION
PO Box 588
MORGAN, UT 84050
UTAH FEDERAL CREDIT UNION
564 E 300 S
SALT LAKE CITY, UT 84102
LU 354 I B E W FEDERAL CREDIT UNION
3405 W 1987 S
SALT LAKE CITY, UT 84104-4942
ASCENT FEDERAL CREDIT UNION
4140 HARRISON BLVD
OGDEN, UT 84403
WASATCH PEAKS FEDERAL CREDIT UNION
4723 HARRISON BLVD
OGDEN, UT 84403-4304
HORIZON UTAH FEDERAL CREDIT UNION
P.O. Box 687
FARMINGTON, UT 84025
ELEVATE FEDERAL CREDIT UNION
1023 MEDICAL DR
BRIGHAM CITY, UT 84302-3049
MEMBERS FIRST CREDIT UNION
120 EAST 1000 SOUTH
BRIGHAM CITY, UT 84302